Core Viewpoint - Domestic fuel prices in China have increased after two consecutive reductions, with gasoline and diesel prices rising by 125 yuan and 120 yuan per ton respectively, effective from November 10 [3][4]. Price Adjustment Details - The National Development and Reform Commission announced the price increase based on the average price of crude oil over the past ten working days, which was 62.44 USD per barrel, reflecting a change rate of 2.74% [4]. - This marks the 22nd price adjustment in 2025, with a total of seven increases, nine decreases, and six instances of no change throughout the year [4]. Impact on Consumers - The price increase will result in additional costs for consumers, with private car owners expected to pay approximately 5 yuan more for a full tank of 50 liters, and logistics companies facing an increase of about 177 yuan for heavy trucks over a month [5]. International Oil Market Trends - International crude oil prices have shown a weak and fluctuating trend, influenced by OPEC+ decisions to increase production and concerns over supply surplus [6][7]. - The U.S. government shutdown and rising oil inventories have further pressured oil prices, with forecasts suggesting a decline in Brent crude prices to an average of 62 USD per barrel in Q4 2025 and 52 USD in 2026 [7]. Future Price Expectations - Analysts predict a high probability of a price decrease in the next domestic fuel price adjustment due to ongoing supply pressures and weak global demand [8]. - The upcoming pricing cycle may start with a negative change rate, potentially leading to a reduction of around 60 yuan per ton [8][9].

Core Viewpoint - The domestic refined oil price will increase starting from November 10, 2025, marking the seventh price hike of the year, with gasoline and diesel prices rising by 125 yuan and 120 yuan per ton respectively, translating to an increase of approximately 0.10-0.12 yuan per liter [1][5]. Price Adjustments - After the adjustment, the price of 92 gasoline in Jiangsu will be 6.92 yuan per liter, 95 gasoline will be 7.36 yuan per liter, and 0 diesel will be 6.55 yuan per liter, with many regions seeing 92 gasoline prices return to the 7 yuan per liter range [3]. - For an average family car with a 50-liter fuel tank, filling up with 92 gasoline will cost an additional 5 yuan, equivalent to the price of a cup of milk tea; for high-frequency fuel users like ride-hailing drivers and logistics companies, the cost impact is more significant, with a heavy truck running 10,000 kilometers a month facing an increase of approximately 177 yuan in fuel costs [3]. Market Dynamics - This price increase ends a previous trend of four consecutive price drops, primarily driven by fluctuations in the international crude oil market and expectations regarding OPEC+ policies. Despite a slight recent decline in international oil prices, the average increase during the pricing cycle exceeded the adjustment threshold, coupled with a recovery in domestic refined oil consumption demand, triggering the price adjustment mechanism [5]. - The next price adjustment window will open on November 24, 2025, with industry predictions suggesting a higher likelihood of a price decrease in the next round. Consumers are advised to refuel before the peak time on November 10 and can reduce vehicle costs through various methods such as steady driving and choosing discount fueling options [5].

Group 1 - The domestic refined oil prices will increase for the seventh time this year, with gasoline and diesel prices rising by 125 yuan and 120 yuan per ton respectively, effective from 24:00 on November 10 [1] - The overall trend of refined oil price adjustments in 2023 has been "seven increases, nine decreases, and six stabilities," with gasoline and diesel prices down by 620 yuan/ton and 595 yuan/ton compared to the end of 2024 [1] - The price increase will result in a rise of approximately 0.1 yuan per liter for 92 and 95 octane gasoline and 0 diesel, pushing prices in most regions to 6.6-6.8 yuan/liter for diesel and 6.9-7 yuan/liter for gasoline, ending the previous "full 6 yuan era" [1] Group 2 - The increase in fuel prices will raise costs for private car owners and logistics companies, with an estimated additional cost of about 5 yuan for filling a 50-liter tank and an increase of 0.7 yuan per 100 kilometers for typical vehicles [1] - For large logistics vehicles carrying 50 tons, the fuel cost will increase by approximately 4 yuan per 100 kilometers [1] - The initial pricing cycle for domestic refined oil was based on a high positive change rate of crude oil prices, which has since decreased but remains in the positive range [1] Group 3 - OPEC+ has decided to increase oil production targets by 137,000 barrels per day in December, raising concerns about oversupply and putting downward pressure on oil prices [2] - The internal policy disagreements within the Federal Reserve have led to a cautious market outlook regarding potential interest rate cuts, contributing to a stronger dollar and further pressure on oil prices [2] - U.S. crude oil inventories have increased beyond market expectations, adding to the downward pressure on oil prices, despite some support from news of a potential pause in OPEC+ production increases in Q1 of next year [2] Group 4 - The next round of refined oil price adjustments will open on November 24, with many institutions predicting a high probability of price decreases [3] - The ongoing increase in OPEC+ production is expected to continue through November and December, contributing to a supply surplus and negative pressure on prices [3] - Weak global economic performance and demand are expected to persist, reinforcing the bearish fundamentals for the oil market [3]

Core Viewpoint - The National Development and Reform Commission announced an increase in domestic gasoline and diesel prices effective from November 10, 2025, due to recent fluctuations in international oil prices, marking the 22nd adjustment of the year and the 7th increase, with a pattern of "seven increases, nine decreases, and six stabilities" for the year [1] Group 1: Price Adjustments - Gasoline and diesel prices will rise by 125 yuan and 120 yuan per ton, respectively, translating to an increase of 0.10 yuan per liter for both 92 gasoline and 0 diesel [1] - For an average private car with a 50L fuel tank, filling up will cost an additional 5 yuan [1] Group 2: Market Conditions - The recent adjustment period (October 25 - November 7) saw narrow fluctuations in international oil prices, with Brent crude oil futures averaging between 63 to 65 USD per barrel [1] - Factors affecting oil prices include concerns over economic outlook and oversupply due to the longest U.S. government shutdown, increased U.S. crude oil inventories, and geopolitical tensions, particularly between the U.S. and Venezuela, as well as ongoing sanctions against Russia [2] - Seasonal demand for heating oil is expected to rise with the onset of winter in the Northern Hemisphere, potentially providing support for oil prices [2]

Core Viewpoint - Domestic gasoline and diesel prices have been raised for the seventh time this year, with increases of 125 yuan per ton for gasoline and 120 yuan per ton for diesel, effective from November 10, 2025 [1] Price Changes - The price increase translates to an additional 0.10 yuan per liter for 92 gasoline, 95 gasoline, and 0 diesel, resulting in an extra 5 yuan for filling a 50L tank [3] - For a vehicle running 2000 kilometers per month with an average fuel consumption of 8L per 100 kilometers, the fuel cost will increase by approximately 7 yuan before the next price adjustment [4] - For heavy trucks running 10,000 kilometers per month with a fuel consumption of 38L per 100 kilometers, the fuel cost will increase by about 177 yuan before the next price adjustment [4] Market Context - Since the beginning of the year, domestic refined oil prices have undergone 22 adjustments, resulting in a net decrease of 620 yuan per ton for gasoline and 595 yuan per ton for diesel compared to the beginning of the year [4] - The recent price adjustment comes after a four-month period of declining prices, with the last increase occurring on July 1 [4] - International oil prices have been under pressure due to increased production from major oil-producing countries and rising U.S. oil inventories, leading to a cumulative drop of about 2% in major benchmark oil contracts last week [5] Future Outlook - OPEC+ has confirmed a slight increase in production for December but has paused plans for further increases in the first quarter of next year due to concerns about oversupply [5] - The market is expected to focus on the oil inventory situation following the seasonal decline in U.S. oil demand, with projections indicating that the next pricing cycle may start with a negative change rate based on current oil prices [5]

Core Viewpoint - Domestic gasoline and diesel prices have been raised for the seventh time this year, with an increase of 125 yuan per ton for gasoline and 120 yuan per ton for diesel, effective from November 10, 2025 [2] Price Impact - The price increase translates to an additional 0.10 yuan per liter for 92 gasoline, 95 gasoline, and 0 diesel, meaning filling a 50L tank will cost an extra 5 yuan [5] - For a vehicle running 2,000 kilometers per month with an average fuel consumption of 8L per 100 kilometers, the fuel cost will increase by approximately 7 yuan before the next price adjustment [5] - In the logistics sector, a heavy truck running 10,000 kilometers per month with a fuel consumption of 38L per 100 kilometers will see an increase in fuel costs of about 177 yuan before the next price adjustment [5] Price Trends - Since the beginning of the year, domestic refined oil prices have undergone 22 adjustments, resulting in a net decrease of 620 yuan per ton for gasoline and 595 yuan per ton for diesel compared to the beginning of the year [6] - The last price increase occurred on July 1, indicating a four-month gap before the current adjustment [6] Market Dynamics - International oil prices have been in a downward trend, influenced by concerns over oversupply due to OPEC+ potentially increasing production and rising U.S. oil inventories [6][8] - Despite the recent price increase, the overall market sentiment remains cautious, with expectations of continued fluctuations in international oil prices [8] - OPEC+ has confirmed a slight increase in production for December but has paused plans for further increases in the first quarter of next year due to supply concerns [8]

Core Viewpoint - A new round of domestic fuel price adjustments will take effect on November 10, with slight increases in gasoline and diesel prices due to fluctuations in international oil prices [1] Group 1: Price Adjustments - From November 10 at 24:00, the retail price of gasoline and diesel will increase by 125 yuan and 120 yuan per ton, respectively [1] - On average, the price per liter for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel will rise by 0.10 yuan [1] - Filling a 50-liter tank with 92-octane gasoline will cost an additional 5 yuan [1] Group 2: Market Context - The price monitoring center of the National Development and Reform Commission reported that international oil prices experienced narrow fluctuations during the adjustment period from October 25 to November 7 [1]

Group 1 - The core point of the article is that a new round of fuel price adjustments will take effect on November 10, with domestic gasoline and diesel prices increasing slightly due to fluctuations in international oil prices [1] - The National Development and Reform Commission's price monitoring center reported that during the current fuel price adjustment cycle (October 25 - November 7), international oil prices experienced narrow fluctuations [1] - From November 10 at 24:00, the retail price limits for gasoline and diesel will be raised by 125 yuan and 120 yuan per ton, respectively, leading to an average increase of 0.10 yuan per liter for 92-octane gasoline, 95-octane gasoline, and 0-octane diesel nationwide [1] Group 2 - A calculation indicates that filling a 50-liter tank with 92-octane gasoline will cost an additional 5 yuan due to the price increase [2]

Group 1 - The core point of the news is that domestic fuel prices in China will increase for the seventh time this year, with gasoline and diesel prices rising by 125 yuan and 120 yuan per ton respectively, effective from November 10 [1] - The overall trend of domestic refined oil prices has been characterized by "seven increases, nine decreases, and six stabilities" after 22 rounds of adjustments, with gasoline and diesel prices down by 620 yuan/ton and 595 yuan/ton compared to the end of 2024 [1] - The price increase will lead to higher costs for private car owners and logistics companies, with estimates indicating an additional cost of approximately 5 yuan for filling a 50-liter tank and an increase of 0.7 yuan per 100 kilometers for average vehicles [1] Group 2 - Analysts from Jinlianchuang indicate that OPEC+ has decided to raise oil production targets by 137,000 barrels per day in December, raising concerns about oversupply and putting downward pressure on oil prices [2] - The strong U.S. dollar and increased U.S. crude oil inventories have also contributed to the downward pressure on oil prices, despite some support from potential OPEC+ production pauses in the first quarter of next year [2] - The next price adjustment window is set for November 24, with several institutions predicting a high probability of price decreases due to the ongoing increase in supply and weak global economic demand [3]

Core Viewpoint - Oil prices in China will see a slight increase starting from November 10, with gasoline and diesel prices rising by 125 yuan and 120 yuan per ton respectively, influenced by recent fluctuations in international oil prices [1] Group 1: Price Adjustments - From November 10, 92-octane gasoline in Beijing will increase from 6.84 yuan to 6.94 yuan per liter, a rise of 0.1 yuan; 95-octane gasoline will increase from 7.28 yuan to 7.39 yuan per liter, a rise of 0.11 yuan; and 0-diesel will increase from 6.52 yuan to 6.62 yuan per liter, a rise of 0.1 yuan [1] - For an average private car with a 50-liter fuel tank, filling up will cost approximately 5 yuan more due to this price adjustment [1] Group 2: Market Analysis - The recent price increase is attributed to positive signals from Sino-US trade negotiations, which have boosted market confidence [1] - The current pricing cycle has seen 21 rounds of adjustments this year, resulting in a net decrease of 745 yuan per ton for gasoline and 715 yuan per ton for diesel compared to the end of last year [1] - The next retail price adjustment window will open on November 24, with expectations of a potential decrease in prices due to increased production from oil-producing countries and weak global economic demand [2]